Second Mortgage Strategies

Description

Second mortgages are common place. Registering them requires informed broker advice and client decisions. Does a borrower have the right to take out a second mortgage or can doing so cause the first mortgage to become due? What can a second mortgage lender do to take priority over later advances made by a first mortgage lender? What can a first mortgage lender do to better protect priority? The answers to these and related questions may surprise you, as may how easy (but rarely taken) the steps are to better protect your client and you.

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Duration: 35 minutes

Level: Intermediate

Price: $59.95